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Pressure-treated lumber is one of the most affordable types of decking upfront. This material is widely available, so you can usually find pressure-treated lumber at almost any local home improvement store you visit. Keep in mind that wood requires a lot of upkeep with repainting and restaining, so any kind of wood may be more expensive in the long run than something like PVC decking.

The cost to build a second-story deck averages $4,800, though the actual price could range as low as $420 to upwards of $16,000. While labor costs range between 35% and 50% of the total project cost, the materials and complexity of design will ultimately lead you to save or spend more money on this home addition.

A cedar deck can increase your home's value if the project is executed well. The value added by a deck is influenced by factors such as location, materials, and craftsmanship. In regions with warmer climates, decks are particularly desirable, enhancing outdoor living spaces.

The key to getting the most value out of your investment, both in terms of home value and personal enjoyment, is to make sure your deck is built to exacting standards. You should consult with a professional deck builder to get the best results and the highest ROI.

Building a deck isn't too hard if you’re handy with carpentry, have the necessary tools, and are willing to put effort into it. However, other factors, such as plans, permits, and design, can be hard if you don’t have experience in those areas.

Note: You’ll need another person to help you build the deck (especially for framing and setting the beams). Building a deck yourself will be very difficult if you don’t have an extra set of hands to help.